Auditors signed off on the going concern for now but if the SPP fails to fire and their "investment" in the coal mine is not recovered then it will be a different story next time.
In the current climate I doubt if the SPP will raise much and they may even extend it???
Hate to be negative but being an original holder, find it hard to feel otherwise. Guess you could say who is the bigger fool, the one who spends the money or the one that loses it? These guys are laughing as it's not their cash.
AVX Price at posting:
3.9¢ Sentiment: None Disclosure: Held